32521 - Resin and Synthetic Rubber Manufacturing

Introduction

NAICS code 32521 plays a crucial role within the Chemical Manufacturing sector, representing businesses engaged in the production of essential materials such as resins and synthetic rubber. These versatile products are foundational to numerous industries—from automotive and construction to electronics and consumer goods. Understanding NAICS 32521 can help contractors, suppliers, and investors identify opportunities within this specialized manufacturing field.

What Is NAICS Code 32521?

The Resin and Synthetic Rubber Manufacturing industry, classified under NAICS code 32521, includes establishments primarily involved in manufacturing synthetic resins and synthetic rubber. These materials serve as raw inputs for the production of plastics, adhesives, coatings, rubber products, and more. The industry focuses on creating polymer-based substances through chemical processing techniques.

Industry Description

• Sector: Chemical Manufacturing
• Primary Activities: Manufacturing of synthetic rubber and resins such as epoxy, phenolic, polymer emulsions, and latex.

Key Business Activities under NAICS 32521

Companies operating under this NAICS code typically engage in:

• Synthetic Rubber Manufacturing
  Production of various synthetic rubber types used in tires, seals, gaskets, and other rubber goods.

• Resin Production
  Manufacturing of resins including epoxy resins, phenolic resins, and other specialty polymers used in adhesives, coatings, and composite materials.

• Polymer Emulsions and Latex
  Production of polymer emulsions and latex, which are essential components in paints, coatings, adhesives, and textile applications.

Size Standards for NAICS 32521

To qualify as a small business under NAICS 32521, companies must meet specific size standards determined by the U.S. Small Business Administration (SBA). For this industry:

• Size Standard: Typically based on average annual receipts.
• Small Business Threshold: $29.5 million (varies slightly by year and SBA revisions).

Small businesses within this classification can access government contracts, grants, and programs aimed at fostering growth in the chemical manufacturing industry.

Examples of Businesses in NAICS Code 32521

• Synthetic rubber manufacturers supplying the automotive and tire industries.
• Companies producing epoxy resins for electronics and aerospace applications.
• Manufacturers of phenolic resins used in molded parts and laminates.
• Producers of polymer emulsions for paints and adhesives.

NAICS 32521 Code Details

Attribute	Details
NAICS Code	32521
Title	Resin and Synthetic Rubber Manufacturing
Sector	Chemical Manufacturing
Primary Products	Synthetic rubber, epoxy resins, phenolic resins, polymer emulsions, latex
Typical Activities	Manufacturing resins and synthetic rubber
Small Business Size Standard	$29.5 million average annual receipts
Applications	Plastics, adhesives, rubber goods, coatings, composites

Frequently Asked Questions (FAQs)

What types of materials are produced under NAICS 32521?

This industry primarily produces synthetic rubber and various resins such as epoxy and phenolic resins, along with polymer emulsions and latex.

Which industries use products from NAICS 32521 companies?

Products are widely used in automotive, construction, electronics, aerospace, chemical manufacturing, and consumer goods industries.

What qualifies as a small business under this NAICS code?

Businesses with average annual receipts up to $29.5 million generally qualify as small businesses under NAICS code 32521.

How does NAICS 32521 differ from other chemical manufacturing codes?

NAICS 32521 specifically targets the manufacture of resins and synthetic rubber, whereas other chemical manufacturing codes may focus on pharmaceuticals, fertilizers, or specialty chemicals.

Can businesses under this code pursue government contracts?

Yes, businesses classified under NAICS 32521 often pursue government contracts related to defense, infrastructure, and technology sectors, especially if they meet small business requirements.

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Understanding NAICS code 32521 unlocks insights into a vital manufacturing sector producing materials foundational to modern life. Whether you are a supplier, contractor, or entrepreneur, recognizing the scope and opportunities within Resin and Synthetic Rubber Manufacturing can give you a competitive edge in the chemical manufacturing marketplace.